Listing Details for MLS #TB8520333
5127 Caesar Way S, St Petersburg, Fl

Residential Property - Single Family Residence in St Petersburg

Listing Price: $749,900 (Mortgage Calculator →)Days on Market: 48Cumulative Days on Market: 157

Description of Property

Virtually Staged. PRICED TO SELL!!! This beautifully updated, move-in-ready pool home in the prestigious St. Petersburg Country Club community of Lakewood Estates features a fully private mother-in-law suite with its own kitchen, separate entrance, bedroom, and bathroom—creating outstanding opportunities for house hacking, multi-generational living, or supplemental income. Live comfortably in the spacious 4-bedroom, 2-bath main residence (2,215 sq ft total) while renting the 1-bedroom, 1-bath in-law suite to generate cash flow that helps offset your mortgage, or repurpose the suite as a private living area for an older child, aging parent, or long-term guest. This smart, flexible layout delivers both lifestyle advantages and strong financial benefits in one of St. Petersburg’s most sought-after neighborhoods. Recently refreshed with a 2025 roof and 2024 HVAC system, the home flows effortlessly with multiple living areas, including a welcoming front living room and a generous rear family room anchored by a wood-burning fireplace—perfect for relaxed family nights and effortless entertaining. The thoughtfully designed kitchen, complete with newer appliances, serves as the heart of the home, opening seamlessly to the main living spaces for natural gathering and everyday convenience. Additional highlights include Flood Zone X (HIGH AND DRY — no flood insurance required), a big backyard with sparkling pool, irrigation system, and 2-car garage. The fully fenced yard is perfect for those summer BBQs and family gatherings—relax after a long day in the pool or under the pergola. Lakewood Estates residents enjoy access to the St. Petersburg Country Club with its championship golf course, tennis facilities, and exclusive social events. Just minutes away are Maximo Park, Fort DeSoto Park, Boyd Hill Nature Preserve, Lake Vista Recreation Center, and pristine Gulf beaches. Enjoy effortless access to vibrant downtown St. Pete dining, shopping, and nightlife, with quick commutes via I-275 and the Skyway Bridge to Sarasota, Bradenton, and Tampa International Airport. This rare combination of updated condition, income-producing potential, prime location, aggressive pricing, and exceptional outdoor living makes this property a dream come true for savvy buyers seeking both immediate lifestyle benefits and long-term value.The average asking price for a 5 bedroom/3 bath single family residence in this Zip code is $665,725. This single family residence is listed at about 113% of the average asking price. There are 3 5 bedroom/3 bath homes between $600,000 and $900,000 currently listed for sale in this Zip code. See other listings like this one »

Bedrooms: 5
Bathrooms: 3
Sq. Ft. Gross: 2,771
Garage: Yes2 vehicles
Carport: No
Private Pool: Yes
Pool Featuress: Lighting